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You don't have to look far these days to find stories about the rising costs of prescription drugs. By one count, drug spending jumped 13 percent last year, the highest annual increase in more than a decade. And health insurers have spent the better part of the past year warning anyone who'll listen that the new medications will come with high price tags that will strain the health-care system's ability to afford such medical advances. That adds important context to news Monday morning that UnitedHealth Group has dropped $12 billion on Catamaran, a pharmacy benefits manager headquartered in Schaumburg that negotiates with drugmakers and pharmacies to secure better deals on...

Related "CVS Health" Articles

You don't have to look far these days to find stories about the rising costs of prescription drugs. By one count, drug spending jumped 13 percent last year, the highest annual increase in more than a decade. And health insurers have spent the better...

It's Act 2 for Broadway, one of the town's main business corridors.
The north-south road once was home to a number of popular shopping destinations -- Century Mall, Menards, Handy Andy, Venture and Burlington Coat Factory to name a few--many of which...

CVS Pharmacy has committed to opening a store in the planned retail center near the Metra station at Cedar Road and U.S. 30, New Lenox Mayor Tim Baldermann said.
"Not only are they paying for almost two-thirds of what we put out (to buy land there),...

Miles White joined the likes of Warren Buffett and Jamie Dimon on Tuesday as one of Barron's picks for the world's 30 best CEOs.
White, 60, has held the top job at North Chicago-based Abbott Laboratories since 1999. He is known for his bold acquisition...

The northeast corner of U.S. 30 and Broadway will soon have a new look, according to town officials.Councilman Shawn Pettit, D-6th, told fellow plan commission members Tuesday that the Fannie May Chocolates store at the corner and Pepe's restaurant to its...

What is it like to dangle on a rock face in Yosemite National Park? Or to leap from cliffs in the Moab desert?The North Face wants customers to find out.The outdoors brand on Monday will debut a virtual-reality experience at its Chicago brand store, at...

Resource/Ammirati announced that Deirdre Egan has joined the independent creative agency as Managing Director of its Chicago office. In this role, Egan is responsible for growing Resource/Ammirati's Chicago presence and overseeing the expanding,...

Members of the Naperville Liquor Commission heard a proposal from the Aldi grocery group Thursday proposing to sell beer and wine at the firm's store at 1440 Naperville/Wheaton Road in Naperville.
Aldi is seeking either an amendment or a new liquor...

In 1997, Ken Norman was in the backstretch of an NBA career that would earn him more than $21 million over 10 years.He was also putting the finishing touches on a 7,152-square-foot dream house at 19020 Kedzie Ave., across the street from...

The City Council has received a first draft of a possible new ordinance that would regulate food trucks operating in the city outside of festivals, the Summer Market on the Lake and other events.
City Attorney Anthony DeBonis told council members he used...

Free health screenings, assessments, and information are available at Saint Xavier University's 12th Annual Health Fair on Fri., March 20. The fair, which is free and open to the public, is scheduled from 8:30 a.m. to 1 p.m. in the Shannon Center at the...

Kraft Foods landed near the top of a new poll that ranked the most well-known companies by their reputation.
Harris Poll, one of the longest-running surveys measuring public opinion, asked 4,000 Americans to name companies with the best and worst...

Progressive Insurance has struck a deal with General Motors' OnStar unit in which participating drivers may get feedback on their motoring habits and might qualify for discounts on their coverage.
The partnership is the latest example of how car insurers...

CVS Health announced Monday that it plans to make Gilead Sciences' hepatitis C drugs the exclusive option for most of its consumers starting Wednesday.The announcement comes two weeks after Express Scripts, the nation's largest manager of prescription...

Samsung warns that its Web-connected TVs can collect private conversations. The announcement thwarted U.S. plans to give visiting German Chancellor Angela Merkel a Samsung TV as a show of trust and friendship.
No one needs a TV that can track every...

CVS Health's fourth-quarter earnings climbed more than 4 percent in a performance that matched Wall Street expectations even though the pharmacy chain's decision to quit tobacco sales hurt business at its drugstores.
The Woonsocket, Rhode Island, company...

Evanston officials held out close to 10 years to fill a vacated Osco store near Asbury Avenue and Oakton Street.On Friday, children's footfalls and voices could be heard echoing through the building that, with bold primary colors, had been transformed...

Mundelein attracted all three businesses that were given licenses to sell medical marijuana in Lake County.
That will not be the final outcome, however, because state officials want the dispensaries to be geographically spread out, which means the...

Tribune reportersBrian Castro of Aurora was riding his bicycle Sunday morning in downtown Geneva heading back home after a full morning of cycling with two friends.Castro, 55, was on a specialized mountain bike equipped with extra-wide tires that handle...